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Answer the Following Questions Using the Information Below

Question 121

Multiple Choice

Answer the following questions using the information below:
Oscar Corporation budgeted the following costs for the production of its one and only product for the next fiscal year:
Answer the following questions using the information below: Oscar Corporation budgeted the following costs for the production of its one and only product for the next fiscal year: Oscar has an annual target operating income of $900,000. -The markup percentage for setting prices as a percentage of the variable cost of the product is: A) 328% B) 36% C) 228% D) 65% Oscar has an annual target operating income of $900,000.
-The markup percentage for setting prices as a percentage of the variable cost of the product is:


A) 328%
B) 36%
C) 228%
D) 65%

Correct Answer:

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